Net Cash Value definition

Net Cash Value means the amount of money equal to the Surrender Value less Debts (if any).
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Net Cash Value means on any date on or before the Benefit Cessation Date, an amount equal to the Guaranteed Cash Value less any Indebtedness.
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Net Cash Value means the fair market value of the assets of each Seller's Qualified Decommissioning Fund reduced by twenty percent (20%) of the excess of the fair market value of such assets over their Tax Basis.
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Examples of Net Cash Value in a sentence

  • Net Cash Value of Assets Disposed of for Less than Fair Market Value for 2 Years from Date of Disposition Reasonable costs include, but are not limited to: penalties for early withdrawal of funds from CD’s, Money Market accounts, IRAs, annuities, etc.; the cost basis plus commissions and fees for stocks, bonds and other capital investments; appraisal fees, realtor commissions, closing costs, repair costs, if applicable, for real property: penalty fees for early withdrawal of IRA’s, pensions and annuities.

  • No Class C license shall be issued to any person under the age of eighteen (18) years.

  • If the Net Cash Value on any Monthly Day is insufficient to pay the Monthly Deduction, and the No-Lapse Guarantee is not in effect, the policy will be in default and a Grace Period will begin.

  • The Company will pay maturity proceeds equal to Net Cash Value as of the Maturity Date.

  • Rationale for Penalties The use of penalties in this Annex is intended to provide an early warning mechanism for the benefit of both Company and GOL in regard to matters which might otherwise have led, or which if not remedied may yet lead, to a material breach or event of default by Company under the Concession Agreement.


More Definitions of Net Cash Value

Net Cash Value means at any time, an amount equal to Guaranteed Cash Value plus Special Bonus, if any, less any Indebtedness.
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Net Cash Value means the cash surrender value of the Policy reduced, as appropriate, by any indebtedness (and interest thereon) obtained by the Company and secured by the Policy which indebtedness remains outstanding as of the date of such determination.
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Net Cash Value. The Net Cash Value is the Cash Value less any outstanding loan and loan interest. ______________________________________________________________________________ Variable Account Provisions
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Net Cash Value. Cash surrender value less any debt.
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Net Cash Value means an amount equal to the Guaranteed Cash Value, less any Indebtedness.
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Net Cash Value means the cash value minus any policy debt;
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Net Cash Value means the cash surrender value of the Policy reduced, as appropriate, by any indebtedness obtained by the Company and secured by the Policy, which indebtedness remains outstanding as of the date of such determination.
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